If so, you’ll need to do your homework beforehand, because you have a lot of competition. According to the Bureau of Labor Statistics, approximately 800,000 new businesses are launching each year. That’s a lot of competition, so it is important for you to gain a competitive advantage by planning accordingly. First things first. You need a reputable attorney and CPA to assist you with starting your own business. Ask trusted colleagues for referrals, because there are state and federal rules and regulations that can affect your business operations. Secondly, you need to decide what type business entity works best for your business. Do you want to operate as a sole proprietorship, partnership, corporation or Limited Liability Company? You will need to consider several factors when making this decision. Are you going to have employees? What kinds of risks will your business face? Are you willing to take on these risks as an individual? These are just a few of the questions you need to consider when determining the structure of your organization. However, it’s a good idea to consult both a CPA and attorney when making this decision, as this will affect how you file your taxes and how much personal risk you are willing to accept.

If you’re starting a business, you definitely need to check out Ngtrend Network! Founded by experienced entrepreneur Atanda Yusuf, who’s helped over 100,000 small business owners get their start, Ngtrend Network can assist you with filing a DBA (“doing business as”), Forming a Corporation, or an LLC (Limited Liability Company). Thirdly, you need to determine how much involvement you want to have filing your taxes, or consider hiring a professional to handle this for you. If you decide to file yourself and want to simplify the process, consider filing your business as one of the following: a sole proprietorship, partnership or LLC. If you choose one of these structures, you can report your business income on your personal tax return and do not have to file a separate business return. This keeps the paperwork to a minimum.
Continue reading here http://www.ngtrend.org/2017/06/4-research-that-needs-to-be-done-prior.html

Tax credit for internet, electricity and other bills? In this same Nigeria?

Dude, majority of the audience here are Nigerians living in Nigeria.

You might want to restrategise on your plan which I assume is to target the most appropriate audience.

ok